Canadian man says kidnappers wanted to torture him for his Bitcoin: Report
An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers.This post was originally published on this site
Crypto founder paid LA cops to extort victim for crypto, FBI alleges
Adam Iza, the founder of the crypto trading platform Zort, allegedly paid Los Angeles Sheriff’s deputies for information that he used to blackmail a target he intended to rob.This post was originally published on this site
US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions
The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held at gunpoint in their home,” the DOJ stated, adding that […]
Crypto firm’s CEO resigns after being robbed of company funds at gunpoint
Revelo Intel’s now-former CEO Nick Drakon believes the robbery may have been an inside job and is working with local authorities on the matter.This post was originally published on this site
Scottish Court Sets Precedent With Crypto-to-Cash Confiscation
Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity. The case initially proposed a settlement entirely in cryptocurrency, but Judge Lady Ross sought legal clarification on whether […]
Home invaders used machete, Toblerone to rob a man of his Bitcoin
Scottish authorities tracked, traced, and seized Bitcoin stolen during a 2020 home invasion, marking the first robbery in Scotland to involve cryptocurrency tracing. This post was originally published on this site
4 suspects forced a Bitcoiner to transfer BTC before killing him, police say
Kyiv Police and the nation’s special police unit have arrested and detained four suspects believed to be responsible for the foreign national’s murder.This post was originally published on this site
Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced. Robbers Get Prison Sentence for Cryptocurrency Theft in Russia A court in the Russian […]
Masked Men Rob Large Crypto Mining Farm Near Moscow
Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A […]
Axie Infinity Delays the Launch of ‘Origin’ After Suffering Million Dollar Exploit
The Vietnamese developer has decided to delay the release of the Axie Infinity update by a week. Several crypto exchanges have pledged to help Sky Mavis track down those responsible for the Ronin parallel chain theft uncovered on Tuesday. Sky Mavis, the developers behind ‘Axie Infinity‘ have delayed the release of the game’s long-awaited update, […]